UAE holds 19% of global sustainable bonds, says Fitch Ratings
DUBAI, UAE - Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region and steering investment and financial requirements towards a more environmentally responsible approach.Bashar Al-Natoor, Global Head of Islamic Finance and Managing Director at Fitch Ratings, expressed optimism about...
Environment ministry reclassifies 64 air quality monitoring stations in UAE
DUBAI, UAE - As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has updated the classification of 64 air quality monitoring stations.This reclassification is consistent with the ministry's 2022 directive that set forth the requirements for classifying these stations, reinforcing the country's commitment...
Kuwait wants Schengen visa exemption for its citizens
Speaker of Kuwaiti National Assembly Marzouq Al-Ghanim expressed optimism that the exemption request would be granted.
Abu Dhabi cuts procedures to start business by 71 percent
Discussions with stakeholders helped the Abu Dhabi government identify and remove duplicate requirements and modify existing requirements to facilitate the process, ADDED said.
